Blackberry Swings To Surprise Profit - GOFF Corporation Closes At New High - Thursday Stock Focus: Goff Corporation, Research In Motion, Fannie Mae, AMR Corporation, Lot 78 Inc.
LONDON, March 28, 2013 /PRNewswire/ --
The futures were indicating a higher open on Wall Street this morning, very close to a new all-time high level for the S&P and shares of Blackberry (BBRY) beating earnings delivering a surprise profit to investors this morning. Many investors believe the time for waiting is over and are looking for real guidance now the new Z10 phone has been launched. Earnings are not as important as guidance in shares of BBRY with some analysts having price targets at $70.00 per share for the Canadian handset maker.
Goff Corp was also looking to open up higher on Wall Street along with the futures today after the stock traded substantial volume in yesterday's trading session and moved higher once more to close at a new high of 0.43 cents per share. Shares in Goff Corporation have now moved from 0.12 cents to the current price of 0.43 just since the middle of March giving out potential gains of over 300%. We will continue to follow the stock throughout the week and into next week's trading to see if it can build from here. It does appear that volume has dropped off slightly in the last few days trading.
AMR Corp is another example of a stock people had given up hope on and we have been covering for 2 months now. During that time shares of AMR Corp have risen as much as 700% from top to bottom and it just goes to show you that recently with names like AMR Corp, Eastman Kodak, Fannie Mae, and Freddie Mac that there are plenty of profits to made by trading the OTC market if you are a prudent investor, or you're a member of http://www.clubpennystock.com. Shares of AMR Corp moved higher by 2% to close just above $4.00. It seems the volatile part of this trade is over now with the volume drying up and the volatility almost non-existent.
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Shares of Fannie Mae have been taken apart over the last week with the stock closing yesterday at the 0.60 cent level which is over 50% lower than where the stock reached last week. We will stay with the name to update you on news and any movements, remember AMR Corp traded back down to $1.00 before bouncing back to $4.00 over a relatively short period of time. Stocks trading this low tend to over-shoot on the upside as well as the downside so worth keeping an eye on this name.
Lot 78, Inc was a new name featured on the stock focus list today after the stock traded increased volume and was higher by more than 7% in yesterday's trading. Lot 78 closed at $1.63 after trading almost $2 million in Wednesday's trading session.
Regardless of what's going on in the mainstream we will always keep you updated and look to be value added. We hope you have enjoyed our coverage; we will be back to you tomorrow with our daily look at the small cap markets.
We track the volume and keep in touch with any increasing trends to the upside or downside. We also cover the top stocks on the OTCQB, OTCQX, and the Pink Sheet markets.
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